Working closely with an independent environmental consultant and the European Bank for Reconstruction and Development, the Group is implementing a corporate program of environmental protection measures and activity monitoring, which includes the following:
Careful use of indigenous peoples’ territories
Improving waste management systems
Careful monitoring of emissions, soil quality, groundwater, and surface water on the territory of the company's operations
Other measures aimed at protecting the environment
In addition, in highly sensitive environmental areas, the Group studies and protects the habitats of endangered animals, birds, and plants.
Reducing greenhouse gas emissions
One of the Group’s priorities in the field of Environmental Safety is reducing greenhouse gas emissions produced by flaring associated gas. The Group’s goal is to increase its level of associated gas utilization to 95%.
With the construction of the Yaraktinsky gas cycling facility in 2012, the Group began to re-inject associated gas back into formation at Yaraktinsky field. Every year, the Group launches new compressor units, increasing the volume of re-injected associated gas. The cycling process not only helps to reduce greenhouse gas emissions, but also allows saving methane for future use, thus being an example of rational resource use.
Protecting water resources
The Group strives to protect both surface and subsurface water resources and minimize its impact on water resources at all stages of exploration and production. Its efforts include constructing sewerage networks at its fields, as well as installing modern sewage treatment plants for domestic wastewater. In addition, the Group conducts regular monitoring of the chemical composition of wastewater, soil, and groundwater at historically contaminated territories.
The Group’s operations create various kinds of industrial and household waste, and the Group applies maximum efforts for its effective management. It has installed systems for thermal destruction of oil sludge and household waste. Furthermore, the Group has built and operates a solid waste landfill, which is used free of charge by the local village Verkhnemarkovo.
Irkutsk Oil maintains an open dialogue on environmental protection and environmental safety with all stakeholders. All potential projects undergo public hearings, and the company regularly organizes press conferences and press tours for the media.